China / Malaysia

Overview In October 2024, China exported $8.45B and imported $9.64B from Malaysia, resulting in a negative trade balance of $1.2B. Between October 2023 and October 2024 the exports of China have increased by $1.67B (24.7%) from $6.77B to $8.45B, while imports decreased by $-312M (-3.14%) from $9.95B to $9.64B.

Trade In October 2024, the top exports of China to Malaysia were Integrated Circuits ($637M), Refined Petroleum ($281M), Telephones ($228M), Commodities not elsewhere specified ($194M), and Other Furniture ($191M). In October 2024 the top imports of China from Malaysia were Integrated Circuits ($1.59B), Crude Petroleum ($1.11B), Petroleum Gas ($685M), Asphalt Mixtures ($379M), and Semiconductor Devices ($283M).

Origins In October 2024 the exports of China were mainly from Guangdong Province ($1.72B), Zhejiang Province ($975M), Jiangsu Province ($901M), Shandong Province ($690M), and Hubei Province ($630M), while imports destinations were mainly Shandong Province ($2.95B), Guangdong Province ($1.77B), Shanghai Province ($972M), Jiangsu Province ($908M), and Zhejiang Province ($582M).

Growth In October 2024, the increase in China's year-by-year exports to Malaysia was explained primarily by an increase in product exports in Refined Petroleum ($202M or 255%), Commodities not elsewhere specified ($97.5M or 102%), and Other Furniture ($56.2M or 41.8%). In October 2024, the decrease in China's year-by-year imports  from Malaysia was explained primarily by an decrease in product imports  in Integrated Circuits ($-890M or -35.8%), Petroleum Gas ($-794M or -53.7%), and Asphalt Mixtures ($-237M or -38.5%).